Deposit: what is it and why is it needed?

Deposit – storage of funds in banks, which in certain conditions and within a certain period are subject to return. The term “deposit” comes from the Latin language and is translated as “pledge” or “thing deposited.” Under the bank deposits understand the funds that the client sends to the bank with the condition of cash reward. This means that the financial institution puts this money into circulation, then makes a profit and shares it with investors. Continue reading →

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Stamp and seal: their difference and difference. All about seals and stamps

Today, none of the organizations can do without stamps or seals. All this in order for the documents of a company to acquire an official look and to be unique. Most often, seals or stamps are used to complete transactions; they are used in financial institutions or other industries that use various documents in the conduct of their business. Continue reading →

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